Day trading strategies on EURCAD 11-4-2016 by AzaForex forex broker, best ways to be successful at foreign exchange trading

Easy tips to make more money trading foreign exchange.
The Canadian dollar is still under strong pressure in the Forex market. Many currencies are already using this opportunity, which would strengthen their positions in the foreign exchange market. Also Euro, at this background, decided to fight back and walked right up to the level of resistance, which has tested a few times, but not successfully. Now the price is just near the level which is like the locked door, that they want to open the onslaught. When passing this obstacle traders will be easily able to earn 200 points to their accounts from forex brokers. When the price reaches the level of profit-taking, we can review the market situation and move on income level, because the potential growth of the currency is now valid.

The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.

If the resistance level is broken you can use the following recommendation:
•    Chart timeframe: H4
•    The trade recommendation: Buy
•    The level of entry into long position: 1.4920
•    The level of profit and close the position: 1.5120 (200 pips)

Metal GOLD 
Possible bullish movement in the breakout of the resistance level 1371

Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.2530

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9690

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1130